It’s way worse than you think and way way worse than you want it to be.
Wealth Inequality in America
W
It’s way worse than you think and way way worse than you want it to be.
Fifty years ago, presidential candidate Bobby Kennedy shared these words: Even if we act to erase material poverty, there is another greater task, it is to confront the poverty of satisfaction – purpose and dignity – that afflicts us all. Too much and for too long, we seemed to have surrendered personal excellence and community values in the mere accumulation of material things. Our...
Why do I spend my free time trying to understand wealth inequality? 0.7% of the global population (a.k.a. 52 million people) own 50% of everything there is to own. The other 7.5 BILLION people split the other half. 8.5% of the global population (a.k.a. 600 million) own 85% of everything there is to own. The other 7 BILLION people split the other 15%. 70% of the global population (a.k.a. 5.2...
Is it too little butter, or too much bread? I’m a fan of Seth Godin. I’m a fan of Bilbo too. And I’m one of those people who can’t sit still, who isn’t satisfied working on just one project at a time, and as such, once or twice per year multiple projects all need attention at once, and I’m awash in bread with too little butter to go around. Unfortunately...
These days it seems everyone knows China and India each have over 1 billion citizens, but ask an audience to name the third most populous country, and very few seem to know. Ask to list the top five, and its just the rare few who love the intersection of global geography, demographics, and statistics who can answer the question. I stumbled on the above chart, and its interactive website, and it...
Entrepreneurship comes in waves!? Snowed in, I finally finished Capitalism in America: A History, yet-another a book I stumbled upon at my local library. This one in the “new book” stack, which caught my eye both from the title as well as the co-author, former Chairman of the Federal Reserve, Alan Greenspan. The book does live up to its title. It’s an easy-to-read economic...
